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Abhishek Integrations IPO is a fixed price issue of Rs 4.95 crores.
Abhishek Integrations IPO bidding started from June 8, 2021 and ended on June 11, 2021. The allotment for Abhishek Integrations IPO was finalized on Wednesday, June 16, 2021. The shares got listed on NSE SME on June 21, 2021.
Abhishek Integrations IPO price is ₹50 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
Beeline Broking Ltd is the book running lead manager of the Abhishek Integrations IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Abhishek Integrations IPO RHP for detailed information.
IPO Date | June 8, 2021 to June 11, 2021 |
Listing Date | June 21, 2021 |
Face Value | ₹10 per share |
Price | ₹50 per share |
Lot Size | 3000 Shares |
Total Issue Size | 990,000 shares (aggregating up to ₹4.95 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 2,020,785 |
Share holding post issue | 3,010,785 |
Market Maker portion | 54,000 shares |
Abhishek Integrations IPO offers 990,000 shares. 468,000 (47.27%) to NII, 468,000 (47.27%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 54,000 (5.45%) |
Other Shares Offered | 468,000 (47.27%) |
Retail Shares Offered | 468,000 (47.27%) |
Total Shares Offered | 990,000 (100%) |
Abhishek Integrations IPO opens on June 8, 2021, and closes on June 11, 2021.
IPO Open Date | Tuesday, June 8, 2021 |
IPO Close Date | Friday, June 11, 2021 |
Basis of Allotment | Wednesday, June 16, 2021 |
Initiation of Refunds | Thursday, June 17, 2021 |
Credit of Shares to Demat | Thursday, June 17, 2021 |
Listing Date | Monday, June 21, 2021 |
Cut-off time for UPI mandate confirmation | 5 PM on June 11, 2021 |
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹150,000 |
Retail (Max) | 1 | 3000 | ₹150,000 |
Lot Size Calculator |
Mr. Sanjay Narbada Dubey is the promoter of the company.
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 67.12% |
Incorporated in 2017, Abhishek Integrations Limited is a "Class A" Gujarat Governed contractor that is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India.
Initially the company was engaged in the business of telecommunication and caballing work in BSNL but over the period, it has expanded its product portfolio and now, it is full fledge engaged in developing, operation & maintenance of LT & HT Electrical and Mechanical work and its installation at terminal building of airports, installing and maintenance of Fire fighting solutions, GLF/Airfield Lighting System, Substation including perimeter light fittings, and LT switchgears at Airports in India.
The firm has currently 24 ongoing projects of Airport Authority of India (AAI) located at Ahmedabad, Allahabad, Aurgabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur and Vadodara.
Competitive strengths
Particulars | For the year/period ended (₹ in lakh) | ||||
---|---|---|---|---|---|
31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
Total Assets | 362.24 | 27.37 | 14.42 | ||
Total Revenue | 235.57 | 73.01 | 5.69 | ||
Profit After Tax | 11.89 | 3 | 0.14 |
The net proceed from the IPO will be utilized towards the following purposes;
[Dilip Davda] Considering its minuscule financial performance and the market cap in relation to its top line, the issue is priced exorbitantly. On other parameters to it is highly overpriced. Hence, investors may ignore this issue. Read detail review...
The Abhishek Integrations IPO is subscribed 10.50 times on June 11, 2021 5:00:00 PM. The public issue subscribed 20.47 times in the retail category, times in the QIB category, and 0.53 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 0.53 |
Retail | 20.47 |
Total | 10.50 |
Listing Date | June 21, 2021 |
BSE Script Code | |
NSE Symbol | AILIMITED |
ISIN | INE0CAJ01017 |
Final Issue Price | ₹50 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE |
---|
₹50.00 |
₹40.00 |
₹38.00 |
₹40.00 |
₹38.00 |
Abhishek Integrations Limited
Shop No. 8-Parulnagar Shopping Centre
Nr. Bhuyangdev Cross Road, Sola Road
Ghatlodia, Ahmedabad - 380061
Phone: 079- 27433369
Email: abhishekintegrationslimited@gmail.com
Website: http://www.abhishekintegrations.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ail.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
SME Company Owners
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Abhishek Integrations IPO is a SME IPO of 990,000 equity shares of the face value of ₹10 aggregating up to ₹4.95 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000 Shares.
The IPO opens on June 8, 2021, and closes on June 11, 2021.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Abhishek Integrations IPO using UPI as a payment gateway. Zerodha customers can apply in Abhishek Integrations IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Abhishek Integrations IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Abhishek Integrations IPO opens on June 8, 2021 and closes on June 11, 2021.
Abhishek Integrations IPO lot size is 3000 Shares, and the minimum amount required is ₹150,000.
You can apply in Abhishek Integrations IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Abhishek Integrations IPO will be done on Wednesday, June 16, 2021, and the allotted shares will be credited to your demat account by Thursday, June 17, 2021. Check the Abhishek Integrations IPO allotment status.
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IPO Guru (1300+ Posts, 500+ Likes)
Can any one have idea when one can able to sell this stock at any price.
How much time it will take ?
Or this company will go to NCLT for bankruptcy?
The LM Beeline should be banned.